Indian Journal of Industrial Relations

2017 | Volume 53 | Issue Issue 2

The Essence of Downsizing: A Review of Literature

1. Prantika Ray – Doctoral Scholar, Human Resources Mgt. Area, Indian Institute Of Mgt., Ahmedabad, Gujarat, India.

2. Sunil Maheshwari – Doctoral Scholar, Human Resources Mgt. Area, Indian Institute Of Mgt., Ahmedabad, Gujarat, India.

Received
13-Feb-2018 		Accepted
- 		Published
13-Feb-2018
Abstract
The process of downsizing has often been considered as a onetime activity that is disconnected from the processes and the outcomes associated with the activity. Since the strategies, organizational, industrial and environmental characteristics play a crucial role in determining the success and/or failure of the downsizing process, a piece-meal approach to the research on downsizing is not enough. This paper thus presents a holistic view of the downsizing process where the dynamics that ensue during the downsizing are elucidated in a framework. This paper further discusses certain implications for practitioners and provides scope for future research for the researchers.
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